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Home ON Greater Hamilton Hamilton Stoney Creek Highland
101 - 2247 RYMAL ROAD E
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101 - 2247 RYMAL ROAD E $499,990
$499,990
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101 - 2247 RYMAL ROAD E
Hamilton (Stoney Creek), Ontario L8J2V8

MLS® Number: X12483991
3
Bathrooms
4800
Square Feet

Listing Description

Well-known franchised restaurant approx. 1 hr west of Mississauga. Luxurious décor, loyal local clientele, approx. 4,800 sq.ft. Fully licensed (LCBO) w/ seating for 95 + 65 on patio. Annual sales approx. $1.2M. All-in rent $12,218/mo (incl. TMI, HST & water). Fully staff-managed (8 FT + 7 PT). Net profit approx. $182K/yr. Priced at $499K, offering strong ROI (~2.7 yrs). Excellent opportunity for investor or hands-off owner. (41520285)

Location Description

Cross Streets: Rymal Rd E & Upper Centennial Pkwy. ** Directions: Google Map.

Property Summary

Property Type
Business
Square Footage
4800 sqft
Community Name
Stoney Creek
Land Size
322 x 344 FT
Annual Property Taxes
$0
Time on REALTOR.ca
50 days

Building

Bathrooms
Total
3
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Business
Business Name
Symposium Cafe Restaurant & Lounge
Business Type
Restaurant (Restaurant/pub)

Measurements

Square Footage
4800 sqft

Land

Lot Features
Frontage
322 ft
Land Depth
344 ft
Other Property Information
Zoning Description
C5
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JENNY MIAO